Crime : Page 117
September 29, 2018
The Securities and Exchange Commission (SEC) charged Salix Pharmaceuticals Ltd. and its former CFO with repeatedly misleading analysts and investors about the company’s future prospects. The former CFO, Adam Derbyshire, will pay more than $1 million to settle the charges.
September 29, 2018
The Securities and Exchange Commission (SEC) charged Stryker Corp. with violating the books and records and internal accounting controls provisions of the Foreign Corrupt Practices Act (FCPA), the second time the SEC has brought an FCPA action against the Michigan-based medical device company.
September 29, 2018
A former CEO and former executive of an oil services company were sentenced to prison for their involvement in an international bribery conspiracy.
September 27, 2018
The Securities and Exchange Commission (SEC) charged Elon Musk, CEO and Chairman of Silicon Valley-based Tesla Inc., with securities fraud for a series of false and misleading tweets about a potential transaction to take Tesla private.
September 27, 2018
Petrobras entered into agreements with U.S. and Brazilian authorities and agreed to pay a combined total of $853.2 million in penalties.
September 27, 2018
Uber Technologies Inc. has agreed to pay 148 million U.S. dollars for the company\'s one-year delay in reporting a data breach affecting some 600,000 American drivers.
September 27, 2018
James R. Casey of Poquoson, Virginia, pleaded guilty in federal court in Newport News, Virginia, on charges that he led a lucrative conspiracy to falsely label millions of dollars worth of foreign crab meat as “Product of USA,†announced Acting Assistant Attorney General Jeffrey H. Wood of the Justice Department’s Environment and Natural Resources Division and G. Zachary Terwilliger, the United States Attorney for the Eastern District of Virginia.
September 26, 2018
The former chief financial officer of Bankrate Inc., a publicly traded financial services and marketing company formerly headquartered in North Palm Beach, Florida, was sentenced to 10 years in prison for orchestrating an accounting and securities fraud scheme that caused more than $25 million in shareholder losses.
September 26, 2018
The Securities and Exchange Commission (SEC) announced that the former CEO of Chilean-based chemical and mining company Sociedad QuÃmica y Minera de Chile, S.A. (SQM) has agreed to pay $125,000 to resolve charges that he violated the Foreign Corrupt Practices Act (FCPA).
September 24, 2018
Singapore’s antitrust watchdog on Monday said it would fine ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) for anti-competitive behaviour as a result of their March merger, in spite of Grab’s insistence that the company did not intentionally breach competition laws.
September 23, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Mizuho Bank, Ltd. (Mizuho) for engaging in multiple acts of spoofing in a variety of futures contracts on the Chicago Mercantile Exchange and the Chicago Board of Trade, including futures contracts based on United States Treasury notes and Eurodollars.
September 20, 2018
The Commodity Futures Trading Commission (CFTC or Commission) issued an Order filing and settling charges against Bank of America, N.A. (Bank of America or the Bank) for attempted manipulation of the ISDAFIX benchmark and requiring Bank of America to pay a $30 million civil monetary penalty.